QUARTERLY CREDIT RATING REPORT

(Alpha Credit Rating Limited)

(Fourth Quarter, 2022)

01 October, 2022 to 31 December, 2022

name_of_entity_or_instrument type_of_entity_or_issuer nature_of_rating source_of_rating quarter_of_rating rating_date long_term_rating
BDT 6000 Million Floating Rate Non Convertible Subordinated Bond of Rupali Bank Bond Surveillance Instrument Rating Q4 10/4/2022 BBB+
Fully Redeemable Non Convertible Unsecured Subordinated Bond III of Trust Bank Limited Bond Surveillance Instrument Rating Q4 10/25/2022 AA
BDT 500000 million Floating Rate Non Convertible Subordinated BondIV of Trust Bank Limited Bond Surveillance Instrument Rating Q4 10/25/2022 AA
BDT 7000 million Floating Rate Non Convertible Subordinated Bond of pubali bank Bond Surveillance Instrument Rating Q4 11/6/2022 AA
Phoenix Finance and Investments Limited NBFI Surveillance Entity Q4 11/21/2022 A
Aviva Finance Limited NBFI Surveillance Entity Q4 11/21/2022 A-
Mercantile Bank 2nd Subordinated Bond Bond Surveillance Instrument Rating Q4 12/8/2022 AA-
BDT 7000 million Floating Rate Non Convertible Subordinated Bond of pubali bank Bond Surveillance Instrument Rating Q4 12/12/2022 AA
BDT 4000 million floating rate redeemable non convertible unsecured subordinated bond VI of Trust Bank Limited Bond Initial Instrument Rating Q4 12/12/2022 AA-
SIBL 4th Mudaraba Subordinated Bond Bond Initial Instrument Rating Q4 12/12/2022 AA-
BDT 5000 Million Floating Rate Unsecured Subordinated Bond for Southeast Bank Limited Bond Surveillance Instrument Rating Q4 12/13/2022 AA-
7500 million Floating Rate Non Convertible Subordinated Bond of Pubali Bank Limited Bond Surveillance Instrument Rating Q4 12/13/2022 AA
Coupon Bearing Floating Rate Non Convertible Secured BDT 10000000000 Bond issued by North West Power Generation Company Limited Bond Surveillance Instrument Rating Q4 12/20/2022 AAA
Paramount Textile Zero Coupon Bond Bond Initial Instrument Rating Q4 12/22/2022 AA-
Rajshahi Krishi Unnayan Bank Bank Surveillance Entity Q4 12/28/2022 BB-